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capitol hill today, hoping to avoid the fiscal cliff, combination of spending cuts and tax hikes with will go into effect unless lawmakers can broker a deal before the end of the year. will meet with congressional white house. it may be too late for a deal. there are just four days left before the fiscal cliff deadline. jive to be very honest mr. president, -- >> i have to be very honest mr. president, i don't know time-wise how it can happen now. >> reporter: senate majority leader harry reid]vtkÑ lashed ot at speaker boehner accusing him of running a tar forship. >> john boehner seems to -- >> reporter: republican leaders blame democrats for the standoff and say there are limits to a compromise. >> republicans aren't about to write a blank cheque or anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner call the house back into town for an unusual sunday session. members of congress understand the
moves closer and closer to the brink of that fiscal cliff with massive spending cuts and tax hikes set to automatically kick in. they are trying to come up with a last minute compromise. president said any bipartisan bill would have to extend unemployment benefits affecting some 2 million americans. it would also have to increase taxes on the highest income earners. >> just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> the president's proposal to raise taxes on the top two percent of americans won't even pay one-third of the annual interest that's now owed on the massive $16 trillion debt. >>> the house returns tonight just one day before a deal needs to be reached. it's likely negotiators will be burning the midnight oil as the clock ticks down to 2013. >> much more on the fiscal cliff this morning on abc's "this week i charles shumer of new york and republican senator john kyle of arizona debate the last-minute efforts. that's coming up at 8:00 this
on averting the fiscal cliff. the president and the first lady spent part of christmas visiting troops at the marine base in honolulu. the president will be back in d.c. tomorrow morning. lawmakers have less than a week to agree on now to avert cuts. >>> starbucks is hoping a few keywords will encourage republicans and democratses to reach a deal to avoid the fiscal cliff. this morning the ceo shulz asked all of his washington, d.c. employees to , come together. >> if you are looking to turn that ugly sweater -- to return that ugly sweater from aunt imagine, today may not be the best -- day. >>> good morning. more signs of recovery in the housing market numbers show home prices climbed in the 12 months through october by the most in more than two years more than 4% gain if you look on the month-to-month increase, san francisco coming in number five, las vegas had the biggest monthly gain. christmas is over, let the returns begin. if you received any gifts you don't want, you might want to wait a few days to return it. today is the worst days to do returns because the lines are longest,
the country from going over that fiscal cliff. >>> big break in mysterious murder of a south bay millionaire. >>> health care for secretary of state clinton. new d ñ this december 31st, new year's eve, the last day of 2012, we are starting out you can see in this live picture from the embarcadero looking across the bay, it is a frosty but clear and dry start just looking at that you know tv set the picture, you can probably tell the chill that is out there. thanks for joining us i'm kristen sze >>> and i'm katie marzullo in for eric thomas. we'll hand it over to mike. >>> issue out there, black ice on san pablo dam road near inspiration point may have caused accident. not only frosty conditions but the possibility of black ice this will happen again tomorrow morning coolest morning will be wednesday something to think about. here's a look at live doppler, high clouds have moved on, hitting our coldest temperatures of the morning now, that means 30s in a lot of areas around the bay to 44 in san francisco, mid to upper 40s at noon, low! 50s with a few high clouds and sunshine this afternoon,
to washington from hawaii to try to reach a deal to avoid fiscal cliff. 8president boarded air be arriving around 8:45 our time this morning. the president cut short his holiday vacation. democrats and republicansqló hae four days to reach a+%sxç deal before mandatory budget cuts and tax increases kick in on >>> netflix wants to get into the social networking game. >> new ceo of yahoo plans to make appearance at upcoming electronics show in las vegas. >>> goodÚç morning ellen. >>> good morning. the big consumer electronics of -- marissa mayer, a lot of hope she is expected to be there. she is an ing partiesanaÑ, one-on-one meetings trying -- trying to reestablish the sometimes rocky relationship that yahoo has had with 17 minutes into the trading session little change, we are seeing gains, for the dow, for the nasdaq as well as s&p. bloomberg index has been in the negative since we opened, a lot of wait and see about what is going to happen now that the president and congress are returning to washington today to deal with fukushima daiichi -- to deal with the fiscal omq= cliff issu.
Search Results 0 to 4 of about 5